Cambridge Associates, LLC
3.5 of 5 111 reviews
www.cambridgeassociates.com Boston, MA 1000 to 5000 Employees

Cambridge Associates, LLC Reviews

Updated Apr 1, 2014
Cambridge Associates, LLC – Boston – “A global leader of investment advisory services”

All Employees Current Employees Only

3.5 111 reviews

                             

93% Approve of the CEO

Cambridge Associates, LLC Chairman and CEO Sandra A. Urie

Sandra A. Urie

(83 ratings)

69% of employees recommend this company to a friend
40 Employee Reviews Back to all reviews
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1 person found this helpful  

Great company if your smart and knowledgeable in finance

Investment Performance Analyst (Former Employee)
Arlington, VA

I worked at Cambridge Associates, LLC full-time for more than a year

ProsIf you put in the work, you will do well. On going training is very helpful to gain knowledge in different areas of finance and investments. Improves your knowledge of finance and investments.

ConsCareer growth sucks. Managers play favorites to staff that hangs out with them out side of work. Girls are favored as well since there aren't many in the performance department. Lots of turnover, and not just as much as you would expect in entry level finance firm. LOT MORE. Management is improving the performance department, but this transition has caused half of the previous staff to leave.

Advice to Senior ManagementMore employee empowerment needed. Otherwise good. The changes are good for the position, and will improve down the road.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Unique Experience but overall positive

Senior Research Analyst (Current Employee)
Arlington, VA

I have been working at Cambridge Associates, LLC full-time for more than a year

Pros- Because of the timing of some department shifts I was able to have accelerated growth within the department. With that said there is room for growth alongside hard work.
- Decent work-life balance
- Pro professional designations (CFA/CAIA help financially)
- Extremely intelligent co-workers

Cons- Salary; despite numerous promotions the ceiling for salary is not comparable to others in the area. Not to say you can't make a decent living, it's just not the same regarding salary level.
- Communication between departments is limited, despite groups working together.
- Consultant-first attitude leads to disdain towards consultants.
- Too focused on low-turnover. Many employees skate by without really putting in the hours of others, but a refusal by management to cut ties leads to complacency and leads to bad work ethic going unpunished.

Advice to Senior Management- Re-evaluate how you view terminating employees. Your view towards retaining talent is good, but you allow complacency with tenured individuals who do not hold their weight.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Interesting, Broadening, but can be limited career progression

Anonymous Employee (Current Employee)
Boston, MA

I have been working at Cambridge Associates, LLC

ProsNice people, senior management makes the effort to get know you, Interesting topics and great depth in knowledge within the firm, good work life balance if you are in the right team

Constakes a long time to be promoted, not a lot of certainty about career path, as with many junior positions the work can get repetitive after a while

Yes, I would recommend this company to a friend

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Good first job in finance

Investment Performance Analyst (Former Employee)
Boston, MA

I worked at Cambridge Associates, LLC

ProsThis was a great opportunity out of college. Room to learn about alternative investments (private equity). Gain exposure to many different portfolios and private equity funds

ConsThere is not much room for advancement if you are there for more than 3 years and haven't been significantly promoted. High turnover at times

Yes, I would recommend this company to a friend

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Consulting associate role is a great experience, but can dominate your life.

Consulting Associate (Former Employee)
Boston, MA

I worked at Cambridge Associates, LLC

ProsThe associate group is a young and very collegiate (you can get help when you are overworked). It is a great experience for recent grads.

ConsThe pay is a little depressing when you are there until 3 or 4 in the morning every day for a month. There is almost no possibility for career advancement for associates. It's three years and out.

Advice to Senior ManagementAssociate morale gets pretty low and the perception is that management does not care. It is a client-focused firm so client requests must be honored, but management should do more to bolster morale.

Yes, I would recommend this company to a friend

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2 people found this helpful  

Good place to start a career in the investment industry

Consulting Associate (Former Employee)
Boston, MA

I worked at Cambridge Associates, LLC

ProsGreat big picture introduction to asset management. You learn about asset allocation, manager selection, risk management.

Chance to work with some great colleagues. Many supervisors are supportive, friendly, and genuinely interested in your career development. Less office politics than other investment firms.

If you do a good job, management will try to assign you to projects related to your career interests.

You can get into a Top 10 MBA program.

ConsPay is relatively low. You are expected to work long hours compared to how much you are paid.

While the work is challenging at first, it becomes repetitive after a year or so.

Advice to Senior ManagementManagement has done a great job of growing the company. Since it was founded, Cambridge has become the worldwide leader in investment consulting. Leadership should be proud of the job they've done.

Yes, I would recommend this company to a friend

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Thumbs Up

Consulting Associate (Current Employee)
Boston, MA

I have been working at Cambridge Associates, LLC

Prosexperience
broad exposure
work with lots of teams/personalities/experience levels
lots of responsibility for a first job (ie - hiring done by Consulting Associates)

Conshours can be long; pay isn't the best
bonuses fail to reflect performance

Advice to Senior ManagementStart firing those with no value add - and give their pay to those who work hard!

Yes, I would recommend this company to a friend

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Great Firm, Good Work, Poor Pay

Consulting Associate (Current Employee)
Boston, MA

I have been working at Cambridge Associates, LLC

Pros- Opportunities for personal and professional growth
- Brilliant Consultants/MD's always available to explain rationale or investment philosophy
- Unrestricted access to clients, managers, etc...

Cons- Base pay is very low
- Bonus structure doesn't lend itself to inspiring above-and-beyond performance
- Hours can be grueling at times

Advice to Senior ManagementCambridge Associates is a well-managed firm. CA's work hard and put in the effort to differentiate Cambridge from its competitors. That hard work and aptitude should be rewarded with a pay structure more in line with the industry norms.

Yes, I would recommend this company to a friend

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Great learning experience!

Anonymous Employee (Former Employee)

I worked at Cambridge Associates, LLC full-time

ProsGreat place to work because of the interesting clients and exposure to the capital markets.

ConsTedious work and inefficient processes slow you down.

Advice to Senior ManagementAsk your senior analysts for advice. They are very good at what they do.

Yes, I would recommend this company to a friend

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Great people!

Anonymous Employee (Current Employee)

I have been working at Cambridge Associates, LLC

ProsGreat collegiate environment. One of the few firms in the financial services industry that has a high female composition. You get to do real work starting out at an entry-level position. Great work-life balance.

ConsThe salary could be higher, and there seems to be not enough people to do all the work that's needed to be done.

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